Analyst Price Target is C$36.00
▲ +80.72% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for First Majestic Silver in the last 3 months. The average price target is C$36.00, with a high forecast of C$37.00 and a low forecast of C$35.00. The average price target represents a 80.72% upside from the last price of C$19.92.
Current Consensus is
Moderate Buy
The current consensus among 4 polled investment analysts is to moderate buy stock in First Majestic Silver. This rating changed within the last month from a Buy consensus rating.
First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates four producing underground mines in Mexico: the Santa Elena Silver/Gold Mine, the Los Gatos Silver Mine (the Company holds a 70% interest in the Los Gatos Joint Venture that owns and operates the mine), the San Dimas Silver/Gold Mine, and La Encantada Silver Mine, as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold Mine, which the Company is currently in the process of re-starting. First Majestic is proud to own and operate its own minting facility, First Mint, LLC, and to offer a portion of its silver production for sale to the public. Bars, ingots, coins and medallions are available for purchase online at www.firstmint.com, at some of the lowest premiums available.
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